California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Orange County  + Industrial  | 
Manhattan West Pays $16.5M for OC Industrial Park

Manhattan West Pays $16.5M for OC Industrial Park

Los Angeles-based investment firm Manhattan West Real Estate has acquired Talbert-Mount Washington Industrial Park, a two-building, multi-tenant complex in Fountain Valley, CA. Manhattan West purchased the 3-acre, 60,000-square-foot asset from DDK Investments for $16.5 million.

“This asset’s diversified tenant mix from a use perspective, and staggered lease expirations provide us with the opportunity to capitalize on a mark-to-market investment strategy in supply-constrained Orange County,” said Manhattan West’s Grant Fisher.

Talbert-Mount Washington Industrial Park is fully occupied by six tenants, including OC Art & Home, Harwood Galleria, The Drawer Shop and RADCO. Both freestanding building are two stories, and feature large outdoor storage yards, 18’ to 23’ clear heights, fire protection, oversized ground-level doors and HVAC. 

Manhattan West was represented by Joseph Harmon and Charles Johnson of DAUM Commercial Real Estate Services and the seller, who has owned the property for several decades, was represented by Devin Ray and Mike Barreiro, also with DAUM.

Connect

Inside The Story

Manhattan WestGrant FisherDAUM Commercial

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition
LeeAssociates-27-cube
New call-to-action